MUMBAI : Institutional investments continued the momentum in India's real estate market during the first quarter (Jan-March) of calendar year 2021, registering 21% growth in volumes at $922 million, but the pandemic surge is expected to delay the investment pipeline in the second quarter, according to JLL’s "Capital Markets Update Q1 2021" released on Tuesday.“Institutional investment momentum continued during the first quarter of 2021, indicating the sustained investor interest in India’s real estate market," said Dr.
Samantak Das, chief economist and head of research and real estate intelligence services (India), JLL.“The resilience of the office market and confidence in its long-term growth led investors to chase quality assets available.